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*****PLEASE SHOW IN EXCEL***** 4. An industrial grade lazer printer with the retail price is offered for $3,900....

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Finance

*****PLEASE SHOW IN EXCEL*****

4. Anindustrial grade lazer printer with the retail price is offered for$3,900. If the sale is for 36 months with $135 per monthlypayments, what is the interest rate?
A. 14.15 percent
B. 14.90 percent
C. 15.60 percent
D. 18.75 percent
E. 19.15 percent

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*****PLEASE SHOW IN EXCEL*****4. Anindustrial grade lazer printer with the retail price is offered for$3,900. If the sale is for 36 months with $135 per monthlypayments, what is the interest rate?A. 14.15 percentB. 14.90 percentC. 15.60 percentD. 18.75 percentE. 19.15 percent

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